Which of the following always raises the equilibrium price?
A: an increase in both demand and supply
B: a decrease in both demand and supply
C: an increase in demand combined with a decrease in supply
D: a decrease in demand combined with an increase in supply
A: an increase in both demand and supply
B: a decrease in both demand and supply
C: an increase in demand combined with a decrease in supply
D: a decrease in demand combined with an increase in supply
举一反三
- Which of the following will definitely occur when there is an increase in demand for and a decrease in supply of milk? A: an increase in equilibrium quantity B: a decrease in equilibrium quantity C: a decrease in equilibrium price D: an increase in equilibrium price.
- When supply and demand both increase, equilibrium
- Which of the following would cause price to decrease? A: a decrease in supply B: an increase in demand C: a surplus of the good D: a shortage of the good
- An increase in market supply and an increase in market demand will result in A: A decrease in equilibrium price and an increase in equilibrium quantity B: A decrease in equilibrium price - the change in equilibrium quantity is indeterminate C: An increase in equilibrium quantity and the change in price is unclear D: all of above
- Which of the following would cause price to decrease? A: A、a decrease in supply B: B、an increase in demand C: C、a surplus of the good D: D、a shortage of the good